Archive · 15 Aug 2026

Can gold recycling become India's next circular economy success?

Can gold recycling become India's next circular economy success?

India is known for loving gold jewelry, but now gold is very expensive.

Prime Minister Narendra Modi asked people in India to try not to buy new gold for one year.

India buys a lot of its gold from other countries, which costs a lot of money.

A smart idea is to recycle old gold instead of buying new gold.

The cool thing about gold is that it can be melted down and reused many times without getting worse.

Families in India already own a huge amount of gold that just sits in cupboards and lockers.

New schemes could help people turn that gold into money or digital gold.

By recycling, India could need to import less gold from other countries.

This idea also helps the environment because we use what we already have.

So gold recycling could become a big success story for India's economy.

Sources